As described in the related pricing supplement for the ETNs (the "Pricing Supplement"), subject to certain restrictions, investors may exercise their right to redeem the ETNs by offering for early redemption at least 25,000 ETNs, or an integral multiple of 25,000 ETNs in excess thereof, to Credit Suisse AG at one time (the "Minimum Redemption Amount"). As set forth in the Pricing Supplement, Credit Suisse AG may, from time to time, reduce, in part or in whole, the Minimum Redemption Amount. With effect from the date hereof, Credit Suisse AG is reducing the Minimum Redemption Amount from 25,000 ETNs to 500 ETNs. To satisfy the Minimum Redemption Amount, an investor's broker or other person with whom they hold the ETNs may bundle an investor's ETNs for early redemption with those of other investors to reach this Minimum Redemption Amount of 500 ETNs.

Sir Michael Hintze holds academic degrees ranging from a Harvard MBA to a masters in acoustics. He has worked for Goldman Sachs and Credit Suisse, helped restore Michelangelo frescoes through his donations ...